Sat, Aug 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Bill to tap Rainy Day Fund approve

Posted on 24 April 2013

A move to take $2 billion out of the state’s Economic Stabilization Fund — commonly known as the Rainy Day Fund — was approved in the House budget committee Tuesday morning with mild pushback to make sure transportation and education get their share of money from the fund.

The House Appropriations Committee approved the bill, HB 11, which would put money from the Economic Stabilization Fund into a bank from which communities could borrow money at low interest rates for water projects such as pipelines, aquifer development, desalination and conservation………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031